Mazor Robotics Ltd – Reaches New 1-Year Low at $13.25 (MZOR)
Mazor Robotics Ltd – (NASDAQ:MZOR) shares reached a new 52-week low on Thursday , Stock Ratings Network reports. The stock traded as low as $13.25 and last traded at $13.67, with a volume of 19,474 shares changing hands. The stock had previously closed at $13.89.
A number of research firms have recently commented on MZOR. Analysts at Needham & Company LLC cut their price target on shares of Mazor Robotics Ltd – from $21.00 to $20.00 in a research note on Wednesday, July 2nd. They now have a “buy” rating on the stock. Finally, analysts at JMP Securities cut their price target on shares of Mazor Robotics Ltd – from $31.00 to $27.00 in a research note on Friday, May 9th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Mazor Robotics Ltd – has an average rating of “Buy” and a consensus target price of $24.92.
The stock has a 50-day moving average of $15.69 and a 200-day moving average of $19.82. The company’s market cap is $281.0 million.
Mazor Robotics Ltd – (NASDAQ:MZOR) last announced its earnings results on Wednesday, May 7th. The company reported ($0.08) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.08). The company had revenue of $4.90 million for the quarter, compared to the consensus estimate of $5.79 million. The company’s quarterly revenue was up .0% on a year-over-year basis. On average, analysts predict that Mazor Robotics Ltd – will post $-0.41 earnings per share for the current fiscal year.
Mazor Robotics Ltd is an Israel-based company active in the advanced medical sector. It is engaged in the development of miniature semi-robotic, bone-mounted positioning systems for orthopedic procedures.
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